Earn up to $880 in bonuses and savings

Eligible customers can earn $400 when they open a new Select Account for business or Scotia Professional Plan Plus Account, an eligible credit product and OR sign up with Chase for Merchant Services and complete certain qualifying transactions. Eligible customers can earn an additional first year savings of up to $480 in monthly fee waivers on their Select Account for business Plan B when they are signed up with Chase for Merchant Services. Actual value may vary and will depend on individual eligibility for these offers.

Merchant Services are provided by Chase Payment Solutions^SM (“Chase”).  Any products and services offered by Chase are governed solely by their terms and conditions. The Bank of Nova Scotia (“Scotiabank”) is not responsible for, and provides no representations, warranties or conditions regarding, any third-party products or services, including those of Chase. A referral by Scotiabank to Chase will result in a referral fee or other revenue being paid to Scotiabank.

$400 Cash Bonus Offer Conditions: To qualify for the $400 cash bonus offer (the “Offer”), you must Open a new Select Account for business or Scotia Professional Plan Plus Account (an “Eligible Account”) and complete a minimum of sixty (60) transactions within the first 90 days of Eligible Account opening (for a full list of possible transactions for Eligible Accounts, please refer to Your Guide to Fees and Interest Schedules), and complete one of the following conditions:

 

1.    Open a new**  Eligible Credit Product with a minimum credit limit/authorized credit of $15,000. If you have or open multiple Eligible Credit Products, at least one must have a minimum credit limit/ authorized credit of $15,000.

**Credit applications for an Eligible Credit Product started during the Offer Period must be approved no later than August 31, 2025, to be eligible.

The following Scotiabank credit products are “Eligible Credit Products”: Scotiabank Passport Visa Infinite* Business Card, Scotia Momentum for business Visa* Credit Card, ScotiaLine for business Visa Credit Card, Scotia Home Hardware PRO Visa Business Card, Credit Line for business, Credit Line for agriculture, Scotia Professional Plan Line of Credit.

 

OR

 

2.   Sign up** with Chase for Merchant Services: Merchants who wish to obtain payment processing services from Chase must submit an application. All applications are subject to credit approval and entering into a Merchant Agreement with Chase.

**Merchant applications started during the Offer Period must be approved and you must be onboarded by no later than August 31, 2025, to be eligible.

 

Exclusions: The Offer is only available to business banking customers and excludes the following:

• Customers that hold a business operating account as at June 1, 2025.  Operating accounts include the following: Right Size Account for business, Basic Business Account, Select Account for business Plans A, B, C or D, Scotia Professional Plan Plus Account
• Commercial Banking customers

General Terms: The $400 cash bonus will be deposited to the Eligible Account within approximately six (6) months from Eligible Account open date provided all Offer conditions outlined herein have been met.  Both the Eligible Account and the Eligible Credit Product must be open and in good standing at the time of payout of the cash bonus.  The Eligible Account is not in “good standing” if: (i) it has a negative balance exceeding the authorized overdraft limit, or (ii) it has been in continuous overdraft for a period of three consecutive months. The Eligible Credit Product is not in “good standing” if: (i) it is delinquent (past due) or overlimit, or (ii) the cardholders/ accountholder(s) are in breach of the applicable Revolving Credit Agreement or credit agreement that applies to the Eligible Credit Product.

 

The Offer is non-transferable and may not be duplicated. Limit of one (1) Offer per customer, regardless of the number of Eligible Accounts and Eligible Credit Products held. If more than one (1) Eligible Account is opened, the $400 cash bonus will be deposited into the first Eligible Account opened. All rates, fees, features, and benefits are subject to change. The Offer may be changed, cancelled, or extended at any time without notice and cannot be combined with any other offers unless otherwise permitted. 

 

By opening an eligible Account and participating in this Offer, you acknowledge that you have read and agree to all of the Offer terms and conditions.

This Merchant Services Offer (the “Offer”) is available to customers who accept it by signing the offer letter and who, have or open a Select Account for business Plan B (“Account”) and are signed up with Chase for Merchant Services (“Eligible Customers”). To qualify for a monthly fee waiver on your Account, Eligible Customers must use their Account to settle their Chase deposit transaction(s). If there is no Chase deposit settled and posted in the Account during any month, the monthly Account fee will not be waived for that month. To receive a waiver of the monthly Account fee, the Account must be open and in good standing at the time of the waiver.  An Account is considered in good standing if there is no breach of the terms and conditions specified in the Scotiabank Financial Services Agreement or any other terms and conditions or agreement(s) applicable to the Account. The Offer is conditional upon successful onboarding with Chase. This Offer will not affect other service charges applicable to the Account. Maximum one offer per Eligible Customer regardless of the number of Accounts opened. This Offer is non-transferable and may be changed, cancelled, or extended by Scotiabank at any time without notice, including if an Eligible Customer stops obtaining payment processing services from Chase.

As of March 03, 2024, the standard monthly plan fee for Select Account for business Plan B is $40 and is subject to change by Scotiabank at any time with notice. Please refer to Your Guide to Fees and Interest Schedules available at www.scotiabank.com for the current fees and charges applicable. 

Minimum monthly fee, monthly plan fees, payment, transaction and additional service fees are published in Your Guide to Fees and Interest Schedules or on individual service agreement forms and is subject to change from time to time.

Deposits are made directly into your Scotiabank Business Account the next business day: Next-business day deposit is available to Chase Payment Solutions customers for Visa*, MasterCard** and Interac^† card transactions only. Next-day deposit is subject to merchant credit approval and all funds are subject to fraud monitoring. Qualifying funds are deposited on the next business day, excluding weekends and bank holidays.

Offer Description and Conditions: The Introductory 2.99% Balance Transfer Rate Offer (the “Offer”) applies only to new Scotia Momentum for business Visa credit card accounts (“Accounts”) that are opened by October 31, 2025 subject to the conditions below.    

 

The Offer applies only to eligible cash advances (including balance transfers and cash-like transactions) (collectively “Cash Advances”) subject to the conditions below. The introductory rate applies if the new Account is opened by October 31, 2025 and will continue for 6 months from date of Account opening (the “Promotional Period”). 

 

After the Promotional Period, the promotional 2.99% interest rate on any promotional Cash Advances (including any amount of those Cash Advances that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on Cash Advances (currently 22.99%).  There is no balance transfer fee applicable to Cash Advances made during the Promotional Period.

 

This Offer is subject to any available limit for Cash Advances on your Account. This Offer cannot be used for any Scotiabank account including to transfer a balance from another Scotiabank Account, or to make a payment or deposit to another Scotiabank account.  Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.  

 

Losing your promotional rate: If we don’t receive the minimum payment on your Account by the payment due date on your statement, two consecutive times, you will lose the benefit of this promotional Rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on Cash Advances). 

 

How we apply payments: Your payment cannot be applied to the balance(s) of your choice. In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges.  See your credit card agreement for more information about how we apply payments to your Account.

 

Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank business credit card in the past 2 years, including those that switch from an existing Scotiabank business credit card, as well as employees of Scotiabank, are not eligible for Offer. Subject to the above exclusions, Scotiabank personal credit cardholders are also eligible for the Offer.

 

Rates and Fees: The current annual fee is $79 for the primary card and $29 for each additional card (including those issued to co-borrowers and supplementary cardholders).

 

The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on Cash Advances.

 

All rates, fees, features and benefits are outlined in the Welcome Kit you will receive if approved and are subject to change

Savings and reward potential in first 12 months includes welcome offer value, first year point earn potential, foreign transaction fee and airport lounge savings as of December 4, 2024:

 

$300 in travel rewards (30,000 bonus Scene+ points) for new Scotiabank Passport Visa Infinite Business Card clients who spend $5,000 within the first 3 months;

 

$100 in travel rewards (10,000 bonus Scene+ points)  when you spend $60,000 on your  Scotiabank Passport Visa Infinite Business Card  within the first 12 months;

 

$136 in foreign transaction fee savings based on average first year annual foreign spend per Scotiabank Passport Visa Infinite Business Card account (save the 2.5% foreign transaction fee markup typically charged by card issuers);

 

$305 in first year point earn potential (30,500 Scene+ points) on eligible business purchases based on average annual first year spend per Scotiabank Passport Visa Infinite Business Card account;

 

$359 value with a complimentary Visa Airport Companion Program Membership that includes 6 lounge passes (based on “Preferential” membership valued at approx. CAD$359/USD$259). Currency conversion as at October 25, 2024.

 

Potential First Year Value = up to $1,200

 

Actual offers, savings and rewards earned will depend on individual card usage and eligibility for applicable offers. Conditions apply.

Offer Description and Conditions: The 40,000 Bonus Scene+ Points Offer (the “Offer”) applies only to new Scotiabank Passport Visa Infinite Business credit card accounts (“Account”) opened by October 31, 2025 subject to the conditions below.   

 

To be eligible  for 30,000 bonus Scene+ points (the “30,000 Point Bonus”), you must open a new Account by October 31, 2025 and have at least $5,000 in eligible purchases posted to your new Account in the first 3 months of the Account open date. To qualify for an additional 10,000 bonus Scene+ points (the “10,000 Point Bonus”), you must have at least $60,000 in eligible purchases posted to your new Account in the first year (12 months). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers or cash-like transactions), interest, fees or other charges. 

 

Point Bonus Fulfillment:

The applicable point Bonus(es) will be credited approximately 8 weeks after the qualifying amount in eligible purchases (i.e., $5,000 or $60,000) has been posted to the Account (within the first 3 months for the 30,000 Point Bonus or within the first 12 months for the 10,000 Point Bonus) provided the Account is open and in good standing. For Joint Accounts with a Primary Borrower and Co-borrower, the applicable point bonus will be credited as follows: (i) the 30,000 Point Bonus and 10,000 Point Bonus will be credited to the Scene+ account linked to the Account of the borrower that completed the last transaction to meet the qualifying amount of eligible purchases (i.e., $5,000 or $60,000) in the appropriate time frame (i.e., first 3 months or first 12 months). If a supplementary cardholder completes the last qualifying transaction to meet the qualifying amount of eligible purchases for the 30,000 Point Bonus or the 10,000 Point Bonus, the applicable point Bonus will be credited to the Primary Borrower’s Scene+ account linked to the Account. Points can be transferred between Primary and Co-Borrower or Supplementary Cardholder’s Scene+ accounts by contacting Scene+.  The Account is considered in good standing if it is not past due or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account.  All other terms and conditions of the Program Terms continue to apply during the Offer period. Offer may be changed, cancelled or extended without notice at any time and cannot be combined with any other offers.

Offer Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank  business credit card in the past 2 years, including those that switch from an existing Scotiabank business credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank personal credit cardholders are also eligible for the Offer.

 

Rates and Fees: The current annual fee is $199 for the primary card, $0 for the first additional card and $50 for each additional card thereafter (including those issued to co-borrowers and supplementary cardholders).

The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers and cash-like transactions). All rates, fees, features and benefits are outlined in the Welcome Kit you will receive if approved and are subject to change.

Offer Description and Conditions: The 15,000 Bonus Scene+ Points Offer (the “Offer”) applies only to new Scotia Home Hardware PRO Visa Business credit card accounts (“Account”) opened by October 31, 2025 and is subject to the below terms and conditions.

 

To be eligible for 15,000 bonus Scene+ points (the “15,000 Point Bonus”), you must open a new Account by October 31, 2025 and have at least $1,500 in eligible purchases made at Home Hardware, Home Building Centre, Home Hardware Building Centre, Home Furniture locations in Canada and online at homehardware.ca posted to your new Account in the first 3 months of the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers or cash-like transactions), interest, fees or other charges.

 

The 15,000 Point Bonus will be credited within approximately 8 weejs after the qualifying $1,500 in eligible purchases has been  posted to the Account within the first 3 months of the Primary cardholder’s Account open date, provided the Account is open and in good standing.  For Joint Accounts with a Primary Borrower and Co-borrower, the 15,000 Point Bonus will be credited to the Scene+ account linked to the Account of the borrower that completed the last transaction to meet the $1,500 of eligible purchases.  If a supplementary cardholder completes the last qualifying transaction, the point bonus will be credited to the Primary Borrower’s Scene+ account. Points can be transferred between Primary and Co-Borrower or Supplementary Cardholder’s Scene+ accounts by contacting Scene+. The Account is considered in good standing if it is not past due or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. All other terms and conditions of the Scene+ Program continue to apply during the Offer period.  Offer may be changed, cancelled or extended without notice at any time and cannot be combined with any other offers.

 

Offer Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank  business credit card in the past 2 years, including those that switch from an existing Scotiabank business credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank personal credit cardholders are also eligible for the Offer.

 

Rates and Fees: The current annual fee is $0 for the primary card, $0 for the first additional card and $0 for each additional card thereafter (including those issued to co-borrowers and supplementary cardholders).

All rates, fees, features and benefits are outlined in the Welcome Kit you will receive if approved and are subject to change.

The above discount is only available to new QuickBooks customers, for the first 6 months of the subscription and cannot be combined with any other QuickBooks Online offers. The monthly subscription price excludes HST/GST. Offer is valid for a limited time.

ADP Offer Description and Conditions : Subject to these terms and conditions, ADP will waive the recurring processing fees on Business Payroll solution services for 8 consecutive times (i.e., for 4 months if payroll is set up as bi-weekly, 8 months if payroll is set up as monthly) when you are referred to ADP by Scotiabank by June 30th, 2025, and have entered into ADP’s standard form services agreement by July 31, 2025 and process payroll with ADP for 3 consecutive months. Cannot be combined with any other promotions and is only available to new ADP clients in Canada and ADP Clients who have previously only obtained Complimentary Access to ADP HR Assist^SM, in each case that are referred by Scotiabank and have 1–49 employees. Applies only to Business Payroll solutions — ADP Workforce Now On the GoSM (including ADP HR Assist bundles), and Comprehensive Outsourcing Services. Free processing applies to the recurring processing fees paid by you to ADP. “Recurring processing fees” exclude, without limitation: (i) any underlying payroll funding obligations (wages, taxes, third party remittances); (ii) fees for additional services such as custom reports, third-party remittances (as applicable), and cheque stuffing; (iii) Year-end services (except for first T4 production as applicable); (iv) third party pass through charges (including delivery charges); (v) bank fees such as wire and NSF fees; (vi) fees for the delivery, maintenance and sale of equipment; and (vii) penalties and interest. ADP reserves the right to discontinue or modify this promotion at any time. Services referenced herein are provided by ADP Canada Co. (“ADP”). ADP Canada Co. is not an affiliate of The Bank of Nova Scotia (“Scotiabank”) and Scotiabank is not responsible for, and provides no representations, warranties or conditions regarding any ADP products or services. A referral by Scotiabank to ADP will result in a commission fee being paid to Scotiabank.

 

ADP, the ADP logo and Always Designing for People are trademarks of ADP, Inc. ADP HR Assist and ADP Workforce Now On the Go are service marks of ADP, Inc. All other marks are the property of their respective owners.

 

Copyright © 2024, ADP Canada Co.

Registered Trademark of The Bank of Nova Scotia

Trademark of The Bank of Nova Scotia.

Visa Int. / Lic. User.

Scene+ and the Icon Design are trademarks of Scene Plus IP Corporation, used under license.

All other trademarks are owned by their respective owners.

^SM                     Chase Payment Solutions and the Octagon logo are registered trademarks of JPMorgan Chase Bank, N. A.